Eagle Cement Corp 1Q net profit slips 3%
Philippines-based Eagle Cement Corp reported a three per cent decrease in net income to PHP1.66bn (US$31.674m) in the first quarter of 2022 from PHP1.72bn in the equivalent peri...
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Cementos Melon inaugurates new grinding unit
Chile-based Cementos Melón has officially inaugurated its new grinding unit about 8.5km north of Punta Arenas in the country’s southern Magallanes region. The new 0.25Mta plant ...
Drake Cement inaugurates new finish mill
Ricardo Rizo Patrón, chairman of Skanon, the Board of Directors of Skanon Investments and Skanon CEO, Enrique Rozas, visited the Drake Cement plant on 11 May to inauguration the...
Nuvoco Vistas Corp sees 24% increase in revenue in FY21-22
India-based Nuvoco Vistas Corp has announced its audited financial results for the financial year ended 31 March 2022. Consolidated revenue from operations improved by 24 per ce...
Yanbu Cement sees 17% fall in 1Q22 revenue
Yanbu Cement has reported a 17.4 per cent YoY decline in revenue to SAR242m (US$64.53m) in the opening quarter of 2022. However, this was still above the SAR224m estimated by Al...
CMS sees 1Q revenues up by 6%
Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit before tax...
JK Cement 4Q net profit advances 36%
Indian cement producer JK Cement reported a standalone net profit of INR862.6m (US$11.1m) for the quarter ended 31 March 2022, representing an increase of 36.2 per cent when com...
Cemex and Coolbrook to work on electric cement kiln
Cemex announced that it expects to work with Coolbrook to test their patented technology that uses electricity in place of fossil fuels in the heating process of cement producti...
UltraTech Cement opens second clinker line at Hirmi
UltraTech Cement , the country’s largest cement producer, has added 2.7Mta of capacity by commissioning a second clinker line at Hirmi Cement plant in Chhattisgarh. The company ...
Multiple potential buyers for Holcim Russia
More than 30 potential buyers have expressed an interest in Holcim’s Russia business, according to Jan Jenisch, CEO, Holcim. Holcim announced in March that it plans to exit the ...